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Stamp duty costs deter homeowners from moving, data shows

Stamp duty costs are preventing homeowners from moving, according to analysis from property portal Zoopla, with bills reaching five figures across southern England. Regional data shows average costs of £20,000 in London compared to £2,200 in northern regions. The post Stamp duty costs deter homeowners from moving, data shows appeared first on...

Winkworth appoints Oracle Group for national PR strategy

Estate agency franchise Winkworth has appointed The Oracle Group to manage its public relations and communications strategy across its UK and international operations. The appointment marks a strategic move by the London-based agency network to enhance its national profile whilst maintaining focus on the local expertise of its franchise offices. The post Winkworth appoints Oracle Group for national PR...

Nine strategies distinguish top estate agency websites

Analysis of high-performing estate agency websites reveals nine distinct strategies that separate them from competitors. Leading sites employ specific techniques including prominent calls to action, integrated social proof, and optimised local search content to generate business independent of property portals. The post Nine strategies distinguish top estate agency websites appeared first on...

Residential landlords shift to commercial amid tax pressures

Property investors are increasingly moving away from residential buy-to-let portfolios towards commercial property in response to mounting tax and regulatory pressures. Trade body Propertymark reports commercial agents are receiving more enquiries from residential landlords seeking to transition their investment strategies. The post Residential landlords shift to commercial amid tax pressures appeared...

Housing minister defends Labour’s policy record at committee

Housing Minister Matthew Pennycook has defended the Government's housing policy record during questioning by MPs, rejecting claims that Labour lacked a comprehensive plan when entering office in 2024. The minister cited a 15% increase in new-build starts but declined to confirm progress towards the 1.5 million homes target. The post Housing minister defends Labour’s policy record at committee appeared...

Five million UK households to face higher mortgage costs

More than five million UK households are expected to face higher mortgage repayments when they refinance over the next two years, according to the Bank of England's latest Financial Stability Report. The Bank estimates that just over five million borrowers will see their monthly repayments rise by the end of 2028, an increase from its previous projection of nearly four million. The post Five million UK...

Property sellers expect agent responses within 24 hours

Estate agents face mounting pressure to respond to client communications within 24 hours across nearly all stages of the property sales process, according to new research from Street Group. A survey of 1,830 current and recent home sellers found that rapid response times have become a key factor in agent selection. The post Property sellers expect agent responses within 24 hours appeared first on...

Student lettings face disruption from Renters’ Rights Act

The student lettings sector is experiencing significant disruption following implementation of the Renters' Rights Act, with landlords and agents facing unexpected financial losses this summer. Early termination provisions have resulted in void periods that could eliminate annual profit margins for many operators. The post Student lettings face disruption from Renters’ Rights Act appeared first on...

World Cup and warm weather slow UK housing activity

The UK housing market has experienced a temporary slowdown in recent weeks, with Purplebricks chief executive Michael Bruce attributing the pause to the World Cup and warm weather conditions. The Lloyds house price index showed average property prices reached £299,330 in June, up 0.2% from May. The post World Cup and warm weather slow UK housing activity appeared first on...

Major property firms announce research leadership changes

BNP Paribas Real Estate, Strutt & Parker and Greenslade Taylor Hunt have announced senior appointments across research and operational roles. The moves include new research heads at two major firms and a managing director appointment at build-to-rent operator Apo. The post Major property firms announce research leadership changes appeared first on...